The announcement of a leadership challenge has caused a bounce for the Liberals in Canning, with Liberal candidate Andrew Hastie shortening from $1.27 into $1.20 following today's announcement while Labor's Matt Keogh has drifted back out to $4.00.

Malcolm Turnbull's decision to challenge Abbott for the Liberal leadership has seen the Coalition shorten from $1.73 into $1.50 to win the next Federal Election, while Labor has gone from $2.15 out to $2.65.